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OpenAI starts talks with Microsoft about new funding and future IPO 05/12/2025

Markets Rally on US–China 90-Day Tariff Pause as Investors Brace for Protracted Talks 05/12/2025

U.S. Slashes China ‘De Minimis’ Tariff to 54% as Trade Truce Takes Effect 05/13/2025

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Economics

Bank of America: Generation Z will change investment models

Eating meat will become less frequent, and being ashamed to fly planes will become more frequent. Generation Z is changing the world, and investors need to be prepared. When they reach adulthood, this new group - the Zillenials - can squeeze out the famous millennials, support emerging markets and...

Tax Justice Network calculates losses due to tax evasion and their impact on COVID-19 fight

The non-governmental organisation Tax Justice Network (TJN) has issued a report on the losses of the world's governments from tax evasion, the withdrawal of funds and assets to tax havens by companies and individuals. TJN estimates that the unpaid $427 billion is equivalent to the annual income of...

Post-Brexit rollover trade deal struck between Britain and Canada

A rollover trade deal has been agreed to between the United Kingdom and Canada on Saturday which will be instrumental to protect the mutual trade worth $27 billion (£20.32 billion) from additional tariffs after Brexit. The two countries also agreed to begin negotiations on a bespoke agreement next...

WTO Believes G20 Should Back Reforms And Help In Trade Financing For Developing Economies

The World Trade Organization suggested that trillions of dollars in trade financing for developing countries should be provided by the group of 20 major economies so that the developing countries as well as the global economy can be helped to emerge from the economic hit of the novel coronavirus...

Optimism About Biden Administration High Among Most US Firms In China: Survey

The results of the United States presidential election has made more than 60 per cent of the American businesses in China more optimistic about doing business in China, showed a business group survey that was released on Friday. But on the question of continuation of the trade tensions...

With UK And China Showing Interest To Join, Japan Seeks To To Expand CPTPP Trade Deal

A major regional free trade pact called the CPTPP is aimed to be expanded by Japan, according to the comments made by the Japanese Prime Minister Yoshihide Suga on Friday. According to analysts, this is potentially because of the interest shown by China and the United Kingdom to join the trade...

Hungary And Poland Veto To Coronavirus Stimulus Could Delay Recovery, Says EU Economics Chief

A recovery in the European Union could get delayed because of possibilities of a $2 trillion stimulus plan to combat the economic impact of the Covid-19 pandemic in the region may not be delivered as quickly as originally planned, said a worried economics chief of the EU. In July, a...

USA notes growth in industry in October

US industrial production returned to growth in October with a 1.1 per cent increase (0.4 per cent decrease in September), as a result of which the index virtually compensated for the record-breaking drop in February and April (minus 16.5 per cent). At that, output in October was still 5.6% lower...

China becomes the only major economy to show growth in 2020

The recovery of the Chinese economy accelerated in October as fiscal support increased, as evidenced by the latest macroeconomic data from the National Statistics Office of China. China's GDP has already grown 4.9% year on year in the third quarter, outperforming growth in the second quarter of...

Japanese index jump to its peak of 1991 as economy climbs up after COVID-19

Quotations on the Tokyo Stock Exchange rose on Monday amid signs that the Japanese economy is recovering from the crisis caused by the COVID-19 pandemic, Kyodo agency reported. According to its data, in the first 15 minutes of trading the key Nikkei index, which reflects the dynamics of quotations...